August to October saw another quarter of significant growth with 48,000 activity/ mentions (a 17% increase vs the previous quarter) across the cohort of wealth management Brands included in this research. Wider UK industry activity/mentions grew by 8% for the quarter (off a much larger sample base
Read more →Threadneedle Investments has appointed Richard Vincent head of wholesale solutions. In this newly created position, Vincent will take charge of promoting and developing Threadneedle’s multi-asset investment solutions for the UK and global intermediary markets, working closely with the firm’s head of multi-asset allocation Toby Nangle and head
Read more →Skandia head of investment marketing Graham Bentley is leaving the firm. Skandia says Bentley is expected to leave later this month. The move follows a restructure in December which saw the creation of a new investment solutions team. Bentley’s duties in investment marketing will be taken over
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Read more →Old Mutual Wealth has confirmed it will cut 200 roles as it merges its Skandia businesses, in a move that sees theSkandia brand consigned to history. Paul Feeney, chief executive of Old Mutual Wealth, said: ‘We know this is a difficult time for our staff, so we
Read more →Neuberger Berman has hired former Skandia Investment Group head of global marketing Rob Swan, as senior vice president and head of international marketing. Swan will oversee the Neuberger Berman marketing programmes and initiatives in Europe and Asia in his new role, reporting to head of Europe, Middle
Read more →Skandia Investment Group and Old Mutual Asset Managers UK have appointed Warren Tonkinson as the global head of distribution. The appointment follows the recent decision by Old Mutual to merge the asset management businesses. The merged businesses will be headed by Old Mutual Asset Managers UK chief
Read more →Paul Feeney has been appointed as chief executive officer (CEO) of the £63 billion arm of Old Mutual’s wealth management business. Old Mutual Wealth Management, which includes Skandia UK, Skandia International, its European business, Skandia Investment Group, and Old Mutual Asset Managers, saw net cash flow of over £2 billion last
Read more →Fidelity Worldwide Investment has announced that John Clougherty will join as head of UK retail in June. He will report to Hugh Mullan, UK managing director. Clougherty joins from Aviva Investors UK Funds where he was chief executive and will be responsible for the Fidelity-branded funds business. Prior
Read more →M&G Investments has confirmed that it will roll out two types of RDR-ready share classes, including one completely ‘clean fee’ class and one including platform payments. The fund manager has written to platforms to announce it will extend its institutional I share class that carries typical annual
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